New Study from StrategyR Highlights a $4.2 Billion Global Market for Artificial Intelligence (AI) in Social Media by 2026
Press Releases
Aug 26, 2021
SAN FRANCISCO, Aug. 26, 2021 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Artificial Intelligence (AI) in Social Media – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 8; Released: May 2021
Executive Pool: 133779
Companies: 283 – Players covered include Adobe Systems; AWS; Baidu; Clarabridge; Cluep; Converseon; Crimson Heaxagon; Facebook; Google; Hootsuite; IBM; ISentium; Meltwater; Microsoft; Netbase; Salesforce; Snap; Spredfast; Sprinklr; Sprout Social; Synthesio; Talkwalker; Twitter; Unmetric; Vidora and Others.
Coverage: All major geographies and key segments
Segments: Component (Solutions, Services); Technology (Machine Learning & Deep Learning, Natural Language Processing); Application (Sales & Marketing, Customer Experience Management, Predictive Risk Assessment)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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ABSTRACT-
Global Artificial Intelligence (AI) in Social Media Market to Reach $4.2 Billion by 2026
Amid the COVID-19 crisis, the global market for Artificial Intelligence (AI) in Social Media estimated at US$1.1 Billion in the year 2020, is projected to reach a revised size of US$4.2 Billion by 2026, growing at a CAGR of 25.3% over the analysis period. Solutions, one of the segments analyzed in the report, is projected to record a 24.2% CAGR and reach US$2.9 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 26.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $373.5 Million in 2021, While China is Forecast to Reach $657.7 Million by 2026
The Artificial Intelligence (AI) in Social Media market in the U.S. is estimated at US$373.5 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$657.7 Million by the year 2026 trailing a CAGR of 24.7% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 22.4% and 21.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 17.8% CAGR. More
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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: ZA@StrategyR.com
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SOURCE Global Industry Analysts, Inc.